Form Htc 60 – Fill Out and Use This PDF

8.Property Address (Number and Street, or Rural Route)

City, Town, or Post Office

County

Zip Code

9.Mailing Address if Different from Above (Attach explanation why)

City, Town, or Post Office

County

Zip Code

TURN OVER TO OTHER SIDE TO COMPLETE AND SIGN THE APPLICATION

DO NOT WRITE BELOW - OFFICE USE ONLY

s

Applicant’s Birth Date MO / YR	n STATUS	n HARMLESSHOLD
Social Security #1	n USE	n
Social Security #2	Property Description

Deed		Name Code

Co. Code		Mun. Code		Account Number

Applicant’s Name

Premise Address

Md Entry

Total Assessment 2018/2019		Appl. #
	________________________________
		Homestead Credit
Homesite & Dwelling

State of Maryland

Department of Assessments and Taxation

www.dat.maryland.gov

GENERAL INSTRUCTIONS

The State of Maryland provides a credit for the real property tax bill for homeowners of all ages who qualify on the basis of gross household income. Since eligibility for the program is based upon income, it may be convenient for you to complete this form at the same time you are preparing your federal and Maryland income tax returns. Applications are processed by the Tax Credit Section of the Maryland Department of Assessments and Taxation.

COUNTY SUPPLEMENTAL TAX CREDITS

In addition to the State of Maryland’s Home- owners’Tax Credit, county supplemental tax credits are available to eligible homeowners in

Anne Arundel Co., Baltimore City, Baltimore Co., Calvert Co., Caroline Co., Carroll Co., Charles Co., Frederick Co., Garrett Co., Harford Co., Howard Co., Kent Co., Montgomery Co., Washington Co., the City of Gaithersburg, the City of Rockville, the City of Bowie,theCityof

CollegePark,theCityofGreenbelt,andtheCity o f Hyattsville. The city/county supplemental tax credits are administered by the State of

Maryland Homeowners' TaxCredit Program.To apply for the State tax credit and/or city/county supplemental tax credit, applicants are only required to file this application form (Form HTC-60).

Please note that the chart on this page is used only to determine eligibility for the State tax credit. Some applicants may be eligible for a county credit even though they may be ineligible for a State credit based on income. To determine eligibility for county supplemental tax credits please call 410-767-4433 (Baltimore Metro Area) or 1-800-944-7403 (toll free).

HOW CREDITS ARE GRANTED

Any person submitting this property tax credit application will receive one of the following:

d a credit directly on your July property tax bill if the application, which is properly completed and which is not subjected to audit, is received before May 1, 2018; or

d refund if the bill has already been paid; or d a written letter of denial stating the

reason for ineligibility

IMPORTANT INFORMATION

Please note that if your application is filed after May 1, 2018 you should not expect to receive any tax credit directly on the July 1, 2018 tax bill. You are advised to pay the tax bill as shown if you wish to receive the discount for early payment offered by Baltimore City and some counties.

2018 HOMEOWNERS’ PROPERTY TAX CREDIT

Instructions and Application Form HTC-60

	· Filing Deadline - September 1, 2018				·
	ELIGIBILITY			If you do not understand the table, or if
	A new application must be filed every year if you			you have any further questions about whether
				the tax limit for your specific income level will
	wish to be considered for a tax credit.
				qualify you for a property tax credit,then call
	The following table will help you determine if
				the Homeowners’ Tax Credit Program at the
	it is worthwhile to apply. If the actual property
				telephone number shown on the next page
	taxes on your home (based on no more than
				under section “Information and Assistance.”
	$300,000 of assessment) exceed the “Tax
	Limit” amount shown on the table for your 2017			OTHER REQUIREMENTS
	gross household income, you may be eligible
	for a credit and are urged to file this application.			BEFORE FILING
	Actual taxes eligible for this credit do not			You must satisfy four basic legal
	include fixed metropolitan charges which			requirements before your eligibility
	may appear on your tax bill for such services			according to income can be considered:
	as sewer, water, and improvement			1. The dwelling for which application is
	repayments, and do not include taxes for
				being made must be your principal
	excess land acreage or other buildings, or
				residence, where you reside or expect to
	portions of buildings used for business
				reside for more than 6 months of the tax
	purposes. The chart is a guide only, and the
				year, including July 1, 2018 unless you
	exact amount of your income and property
				are unable to do so for reasons of illness
	tax will be used to determine your eligibility.
				or your need of special care or unless
	If you submit an application, the State will
				you just recently purchased your home.
	determine your eligibility.
				An individual who permits pursuant to a
	2017 Combined Gross			court order or separation agreement a
				spouse, former spouse or children of that
	Household Income	Tax Limit		person’s family to reside in a dwelling in
	Before Deductions
				which the individual has a legal interest
	$1 - 8,000	$	0	has met the residency requirement. A
				homeowner may claim credit for only one
	9,000		40
				principal residence.
	10,000		80
				2. You must have legal interest in the property.
	11,000		120
				Land installment sales contract purchasers,
	12,000		160
				holders of a life estate, and beneficiaries of
	13,000		225
				certain trusts have sufficient legal interest.
	14,000		290	3. Your net worth, excluding the value of the
	15,000		355
				property for which credit application is being
	16,000		420	made and the cash value of IRAs or
	17,000		510	qualified retirement savings plans, must not
	18,000		600	exceed $200,000 as of December 31, 2017.
	19,000		690	4. Your combined gross household income
	20,000		780	cannot exceed $60,000.
	21,000		870	If the four requirements above are met, the
	22,000		960	amount of tax credit due, if any, will be
	23,000	1,050		calculated on the basis of the gross house-
				hold income for calendar year 2017.
	24,000	1,140
	25,000	1,230		LIMITATIONS
	26,000	1,320
				The lesser of $300,000 of assessed value
	27,000	1,410
				or the total assessed value minus any
	28,000	1,500
				Homestead Credit, shall be used for
	29,000	1,590
				calculating those taxes eligible for credit.
	30,000	1,680		Property owners with large tracts of land will
	and up to a		*	have the credit limited to curtilage, which is that
	maximum			amount of taxes on the land necessary for the
	of $60,000			dwelling and does not include excess acreage.

The credit shall be limited to that portion of the

	*For each additional $1,000 of income add	dwelling used only for the applicant’s
	$90 to $1,680 to find the amount that your
		residential purposes. Any metropolitan or
	tax must exceed.The gross household income
		fixed charges which may appear on the bill
	cannot exceed $60,000 in order to be eligible
		are not taxes eligible for credit.
	for a tax credit.

INCOME DEFINED

For purposes of the property tax credit pro- gram, it is emphasized that the applicant must report total income, which means the combined gross household income before any deductions are taken. Income information must be reported for the resident homeown- er(s), spouse or co-owner and all other occu- pants of the dwelling unless such other occupants can be claimed as dependents on the applicant's 2017 federal income tax return or unless they are paying reasonable fixed charges such as rent or room and board. Payments toward household expenses by other occupants should be reported as room and board. If the other occupants of the home who are not dependents for Internal Revenue Service purposes are not charged room and board or rent by you, you must include their total gross incomes. Your spouse and all owners on the deed who reside in the dwelling must report their gross income and not

room and board.

Income from all sources must be report- ed whether or not included in the definitions of gross income for federal or State tax pur- poses. Nontaxable retirement benefits, such as Social Security, must be reported as in- come for the tax credit program. An applicant must report all monies he or she receives each year. Deductions for IRAs, Keoghs, or Deferred Compensation may not be used to reduce the amount of gross income reported. Losses from business, rental or other endeav- ors may not be used to reduce the amount of gross income reported. The full amount of an inheritance is income. All gifts in excess of $300 and expenses paid on your behalf by others must be reported as income.

COPY OF COMPLETE

FEDERAL RETURN

If you file a federal income tax return for 2017, you must furnish a photocopy of your complete federal return, including all accompanying schedules and other forms, when submitting this application. If income was derived from a partnership or corporation, a copy of the partnership return (Form 1065, including Schedule K-1) and/or a copy of the corporate return (Form 1120 or 1120S, including

TIME AND PLACE FOR FILING

The deadline for filing an application is September 1, 2018. However, if you submit a properly completed tax credit application before May 1, 2018, and that application is not subjected to an audit by the Department, then

you will receive any credit due you as a credit appearing directly on your tax bill. A properly

completed application means that the applicant answered all questions; signed the form; furnished copies of the entire federal income tax return, schedules and forms, and copies of the necessary Social Security form (SSA-1099) and Railroad Retirement Verification or Rate letter; and responded within a reasonable time period to any subsequent inquiries made by the Department.

Mail your completed application and a copy of your federal income tax return and schedules to the address shown in the “Return To” box on the application. Applicants who cannot provide a copy of their Federal Tax Return with their application before the deadline are advised to file a tax credit application without the copy of the Federal return. Applicants who file just before the deadline should consider sending the application by certified mail to have proof of a timely filing.

INCOME VERIFICATION

In individual cases, an applicant may later be requested to submit additional verification or other evidence of income in order to substantiate the application for the property tax credit. An application may be subjected to audit at a later date. If an applicant reports insufficient monies to meet basic living expenses, then additional information will be requested.

INFORMATION AND ASSISTANCE

SPECIFIC

INSTRUCTIONS

FOR CERTAIN LINE ITEMS ON FORM HTC-60

LINE 11 - PROPERTY ACCOUNT NO.:

With the exception of Baltimore City, every County uses the property account number to identify the property. In Baltimore City, the Ward/ Section/Block and Lot number is used instead to identify the property. In either case, you can obtain the appropriate identification number from your property tax bill or assessment notice.

LINE 13 - PRINCIPAL PLACE OF RESIDENCE:

You may apply for a tax credit for only the one dwelling which is your your principal and actual residence for more than 6 months of the tax year, including July 1, 2018. One exception is for persons who purchased their home after July 1st, 2018.

LINE 14 - NONDEPENDENT RESIDENTS

Every applicant must answer this question and list the name(s) of any non-dependent resident(s) in the home. If none, write NONE and not N/A.

LINE 15 - REASONABLE FIXED CHARGES FOR ROOM AND BOARD

If you report receiving room and board from nondependent occupants of your household, the amount must be “reasonable.” If you receive no monies from these occupants, you must write the word NONE and report their gross income in item 18, Column 3 (All Others). Room and board, rent, or household expenses paid can be reported for nondependent occupants but not for spouses and resident co-owners who must report their gross income along with that of the applicant.

LINE 18 - SOURCES OF INCOME

You will note that any IRA income must be reported on a separate line from other pensions and annuities.

If you have a pension or IRA “rollover” attach a copy of the Form 1099-R and proof of the deposit into another tax deferred account.

Schedule K-1) must also be included. If separate returns were filed by spouses, then a copy of each must be included. A copy of the federal and not the Maryland return is required because necessary income information for the tax credit calculation is only available from the federal return and schedules. Failure to forward a complete and exact copy of the federal income tax return (if you are required to file) will delay the processing of your application.

Baltimore Metropolitan Area

410-767-4433 All Other Areas 1-800-944-7403

LINE 20- PERJURY OATH/SOCIAL SECURITY RELEASE:

By signing the form, the applicant is attesting under the penalties of perjury as to the accuracy of the information reported and that the four basic legal requirements for filing have been met. In addition, the signature also authorizes the Social Security Administration, the Income Maintenance Administration, Unemployment Insurance, the State Department of Human Resources and Credit Bureaus to release to the Department of Assessments and Taxation any and all information concerning the income or benefits received by the applicant.

Department of Assessments and Taxation Homeowners’ Tax Credit Program

301 W. Preston Street 9th Floor, Room 900 Baltimore, Maryland 21201

Baltimore Metropolitan Area 410-767-4433

All Other Areas

1-800-944-7403